Which One of the Following Is an Incorrect Statement as It

question 214

Multiple Choice

Which one of the following is an incorrect statement as it relates to protectionism:

• A)beer import tariffs to Canada protect local manufacturers but interfere with global trade
• B)protectionism is viewed favorable by everyone because the price of goods remains consistent country-to-country
• C)member nations may obtain preferential treatment compared to non-member nations
• D)Canadian consumers pay billions each year because of protective restrictions

Identify the effects of price changes on quantity demanded.

Comprehend the effect of external factors on shifts in demand curves.

Understand the concept of movement along versus shifts in the demand curve.

Identify the effects of complementary and substitute goods on demand.

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Definitions:

Wells And Twenge

Researchers known for their work on psychology topics, although not defining a specific theory or concept as a standalone term.

Indirect Aggression

A form of aggression where harm is caused to another person through manipulation or gossip rather than physically.

Spreading Gossip

The act of sharing information, often of a personal or private nature, about others without their consent, typically resulting in negative or harmful effects.

Verbal Ability

The capacity to use language effectively and understand, interpret, and express oneself through written and spoken words.